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Jan 25, 2013
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income and moving towards taxing consumption from income-tax is to sales taxes. related story. governor brownback of kansas wants to eliminate his state's income tax, he joins the governors of four this state which are considering the same thing. where does phil mickelson coming to this? in two ways. he wants to move out of california. he is free to live wherever he wants and preferred lower taxes. why not? that is why states like kansas, florida, texas are competing for tax refugees. the phil mickelsons of this world are driving the tax debate. phil mickelson objects to a 63% tax rate. who wouldn't? when this tax become legalized theft? this is a moral question as well as financial. here you have a sports guy driving a moral and financial tax debate. is not going away either. the president wants to raise taxes even more and we will soon see the impact of that disaster known as obamacare. bring on the debate. do you think 63% is a fair share for the government? do you think any american should be cowed into living where the government can tax them most? i know wh
income and moving towards taxing consumption from income-tax is to sales taxes. related story. governor brownback of kansas wants to eliminate his state's income tax, he joins the governors of four this state which are considering the same thing. where does phil mickelson coming to this? in two ways. he wants to move out of california. he is free to live wherever he wants and preferred lower taxes. why not? that is why states like kansas, florida, texas are competing for tax refugees. the phil...
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Jan 25, 2013
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, gasoline tax, or gps based tax. ideas are on the table, of course, as we said, and the motive is they need the revenue. melissa: absolutely. oregon, washington, vermont, wanting to to be in the cars wih you. tax your miles. that's spooky. government in the seat next for you. >> thank you. a brutal cold snap in full force. i think i lost two toes to frostbite on the way to work this morning. i have to check that out. futures, and milder temperatures next weir, wahoo! lowering the outlook for gas demand, though. coming up, oil futures saw a slight loss today, and posted their seventh week gain, longest advantage in four years, and chavez's health problem taking a toll on venezuela's oil industry credit line. investments from chinese, india, and russian energy companies reportedly drying up. chavez had the fourth cancer related surgery on september 11th, but has not been seen or heard from since then. coming up on money, the economic forum wrapping up, and surprise, surprise, they didn't solve any of the world's proble
, gasoline tax, or gps based tax. ideas are on the table, of course, as we said, and the motive is they need the revenue. melissa: absolutely. oregon, washington, vermont, wanting to to be in the cars wih you. tax your miles. that's spooky. government in the seat next for you. >> thank you. a brutal cold snap in full force. i think i lost two toes to frostbite on the way to work this morning. i have to check that out. futures, and milder temperatures next weir, wahoo! lowering the outlook...
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Jan 25, 2013
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john: john: what about taxes? >> we should just do away with taxes altogether and. john: we hear this but it's not gone. people like federal rules. >> one of the things that we know is that states without an income tax be so much better economically. we have a higher rate of entrepreneurship, they have higher job growth, higher personal income growth. in states where we are seeing this, where they have experimented with it, they are doing better. last week for new governors said they will make a push to eliminate their state income tax and i think we will see a lot more states compete against each other to attract businesses and economic development in a way. john: thank you, starlee rhoades and mark meckler. coming up on obama part two. the fight over immigration and illegal immigration in the president's own words or he will do words come back to haunt him? >> our federal debt has increased from 3.5 trillion to $8.6 trillion. and yes, i said trillion >> hill the goals sneaking to america, take our jobs, a commit crimes, going welfare. no. most honest, hard-working
john: john: what about taxes? >> we should just do away with taxes altogether and. john: we hear this but it's not gone. people like federal rules. >> one of the things that we know is that states without an income tax be so much better economically. we have a higher rate of entrepreneurship, they have higher job growth, higher personal income growth. in states where we are seeing this, where they have experimented with it, they are doing better. last week for new governors said...
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Jan 25, 2013
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john: john: what about taxes? >> we should just do away with taxes altogether and. john: we hear this but it's not gone. people like federal rules. >> one of the things that we know is that states without an income tax be so much better economically. we have a higher rate of entrepreneurship, they have higher job growth, higher personal income growth. in states where we are seeing this, where they have experimented with it, they are doing better. last week for new governors said they will make a push to eliminate their state income tax and i think we will see a lot more states compete against each other to attract businesses and economic development in a way. john: thank you, starlee rhoades and mark meckler. coming up on obama part two. the fight over immigration and illegal immigration in the president's own words or he will do words come back to haunt him? >> our federal debt has increased from 3.5 trillion to $8.6 trillion. and yes, i said trillion dollars . ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cl
john: john: what about taxes? >> we should just do away with taxes altogether and. john: we hear this but it's not gone. people like federal rules. >> one of the things that we know is that states without an income tax be so much better economically. we have a higher rate of entrepreneurship, they have higher job growth, higher personal income growth. in states where we are seeing this, where they have experimented with it, they are doing better. last week for new governors said...
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Jan 25, 2013
01/13
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but you know something, taxes are going up. people have less discretionary dollars. >> you kind of get it. but i will say that there warning same-store sales globally in january are supposed to be a little softer, so there are some global economic challenges. cheryl: may be as the economy gets better in certain areas, but i have to ask you. that is a really good point. only at mcdonald's and someone feed a family of four for $10. when you don't have a lot of money to spend, mattel's becomes your best friend, whether it's true for you and your children and not to my they are there for you. >> come for food, emotional food >> at the day she would fast food in general is it has the benefit of being quick and convenient. we live very busy lives. >> and cheaper. >> but it is not necessarily good for you. and i think that there are a lot of quick and convenient foods, even stuff from the can, canned beans have nutrients and then. jenniferish. so there is a good balance there. i see why people go to fast food as a nutritionist i have
but you know something, taxes are going up. people have less discretionary dollars. >> you kind of get it. but i will say that there warning same-store sales globally in january are supposed to be a little softer, so there are some global economic challenges. cheryl: may be as the economy gets better in certain areas, but i have to ask you. that is a really good point. only at mcdonald's and someone feed a family of four for $10. when you don't have a lot of money to spend, mattel's...
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Jan 25, 2013
01/13
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we have some tax clarity. we have some debt ceiling clarity. you give the market clarity, and improving economic numbers and decent earnings season hard for us not to rally higher. you know, we're closing over 1500. we closed over 1500 under monday. i think that is really bullish for the next couple of weeks at least through friday's employment numbers. i want to point out something really interesting that is happening. the jcj the correlation index. little in the weeds here. but what it really measures how stocks are correlating to the s&p 500. when stocks are correlating a lot, that's bearish stocks and it makes stock picking very, very difficult because really you're picking stocks,
we have some tax clarity. we have some debt ceiling clarity. you give the market clarity, and improving economic numbers and decent earnings season hard for us not to rally higher. you know, we're closing over 1500. we closed over 1500 under monday. i think that is really bullish for the next couple of weeks at least through friday's employment numbers. i want to point out something really interesting that is happening. the jcj the correlation index. little in the weeds here. but what it really...
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Jan 25, 2013
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he does not want higher tax rates. he wants lower tax rates. charles: he does have a conservative look. it goes against all of your core principles to back president obama. stuart: by the way, thank you liz. now it is time to give it to connell. connell: you did look like you are getting along very, very well. i am connell mcshane. has housing finally turned a corner? that will be our big debate and discussion this morning. jamie dimon says, yes, it is going back up. >> it will not get better in spite of the economy. supply and demand. for household formation. connell: wait a minute, a drop in sales came in. we will sort all this out coming up. and flipping houses and fixing them up. vanilla ice, of all people, is with us during this hour. republicans need to get tougher and cut federal programs. 58% of americans oppose anything happening. we are going to start with the stock market. we have been talking about this. we are up again today with nicole petallides covering it from the new york stock exchange. nicole: it shows you what we are just 3
he does not want higher tax rates. he wants lower tax rates. charles: he does have a conservative look. it goes against all of your core principles to back president obama. stuart: by the way, thank you liz. now it is time to give it to connell. connell: you did look like you are getting along very, very well. i am connell mcshane. has housing finally turned a corner? that will be our big debate and discussion this morning. jamie dimon says, yes, it is going back up. >> it will not get...
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Jan 25, 2013
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radical tax reform a different -- flat tax for having these non-negotiable ious with social security chained to a marketable bonds. you can make it debt payments. how about passing a law saying you cannot use the medicare money for obamacare. start throwing in offense. pass these things. that harry reid on -- dagen blocking a bill. david: is comments notwithstanding, the budget is lower than it was during a eisenhower, which is nonsense, we have seen the budget. we saw from 2009 when the budget went way up. but that just stayed there. we can show the figures from two dozen day through 2012 showing that we are now at 25% per gdp level of spending. that is the norm now. >> this president understands spending is power. that is why his notions of cutting spending when he says it, he feels he has to say it, absolute nonsense. he once more, not less. republicans should come across not just as accountants, but start getting some of these ridiculous things like feeding heroin to monkeys and programs like that that we're going to discuss. david: that was a real program that we will be talking
radical tax reform a different -- flat tax for having these non-negotiable ious with social security chained to a marketable bonds. you can make it debt payments. how about passing a law saying you cannot use the medicare money for obamacare. start throwing in offense. pass these things. that harry reid on -- dagen blocking a bill. david: is comments notwithstanding, the budget is lower than it was during a eisenhower, which is nonsense, we have seen the budget. we saw from 2009 when the budget...
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Jan 25, 2013
01/13
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next, your tax dollars going to ill leal immigrants and prison inmates. the results of a shocking new report. ♪ ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. whatever your business challenge, (announcer) at scottrade, our cexactly how they want.t with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everi'm with scottrade. me. (announcer) scottrade. awarded five-stars from smartmoney magazine. we all work remotely so this is a big deal, our first full team gathering! i wanted to call on a few people. ashley, ashley marshall... here. since we're often all on the move, ashley suggested we use fedex o
next, your tax dollars going to ill leal immigrants and prison inmates. the results of a shocking new report. ♪ ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. whatever your business challenge, (announcer) at scottrade, our cexactly how...
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Jan 25, 2013
01/13
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how we get tax reform in place to make americans and american corporations competitive again, globally. big thing for dow chemical. we want to reinvest in america because we can be competitive out of america. that agenda has to be put on the national agenda. i know the second term president is very keen on doing that. liz: the first term president was accused of being anti-business or not as friendly to business even though he brought a lot of business leaders to the white house and listened to them. many of them sat here and said you know what liz, though, he listened but i didn't see anything effectuated. do you think it's a different time now with president obama? >> i'm very fortunate that i was one of the ones that was called upon very early to help first term president obama. you've got to understand where he's coming from and his agenda and how he got voted in. liz: how hard is it to understand that businesses create jobs? >> not hard, but how hard is it to actually put the agenda ahead of the other agendas, probably difficult. but now the agenda is here. by the way, it transcen
how we get tax reform in place to make americans and american corporations competitive again, globally. big thing for dow chemical. we want to reinvest in america because we can be competitive out of america. that agenda has to be put on the national agenda. i know the second term president is very keen on doing that. liz: the first term president was accused of being anti-business or not as friendly to business even though he brought a lot of business leaders to the white house and listened to...
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Jan 25, 2013
01/13
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he was targeted by the tea party because he was considering raising taxes. >>> they must provide sports for disable students much like title iv expanded opportunities for girl students, students with disabilities must be provided access to extracurricular sports. back to tracy and ashley. tracy: rick folbaum, thanks very much. honeywell beat the street with its latest quarterlyly report. sandra smith has the trade. >> halliburton getting a boost in today's session. when you think halliburton you think fracking. but they saw weakness in north america. that led to a drop of about 26% for their quarterly profit because they beat expectations. the stock is really off to the races today. by the way look at the shares just under 40 bucks. the average analyst has a overweight rating with a $43 billion price target. many see as a good buy at these levels even following that report. as far as manufacturing is concerned look at honeywell. look at this steady eddie chart. year-to-date the stock has been strong, nearly $70 a share. right now the average price target is 72 with an overweight rating.
he was targeted by the tea party because he was considering raising taxes. >>> they must provide sports for disable students much like title iv expanded opportunities for girl students, students with disabilities must be provided access to extracurricular sports. back to tracy and ashley. tracy: rick folbaum, thanks very much. honeywell beat the street with its latest quarterlyly report. sandra smith has the trade. >> halliburton getting a boost in today's session. when you think...